Multivariate Linear Regression Model for the Impact of China Family Business Succession on R&D Intensity
- DOI
- 10.2991/msbda-19.2019.43How to use a DOI?
- Keywords
- Family firm, R&D, Succession, Institution environment
- Abstract
This study investigates the impact of China family business succession on R&D intensity by multivariate linear regression model and CSMAR data. The regression result shows that succession experience decreases Chinese family firms’ R&D intensity. Moreover, succession timing has a significant positive effect. The higher R&D intensity Chinese family firms do. Post-succession positions of successor are also positively associated with R&D intensity. No significant impacts are located for incumbent-successor relationship and succession order. At last, all control variables among different models show consistent effects on R&D intensity, which suggest robustness of our analyses.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jun Kong AU - Sidi Wang AU - Fan Jiang PY - 2019/08 DA - 2019/08 TI - Multivariate Linear Regression Model for the Impact of China Family Business Succession on R&D Intensity BT - Proceedings of the 2019 International Conference on Modeling, Simulation and Big Data Analysis (MSBDA 2019) PB - Atlantis Press SP - 283 EP - 287 SN - 2352-538X UR - https://doi.org/10.2991/msbda-19.2019.43 DO - 10.2991/msbda-19.2019.43 ID - Kong2019/08 ER -